Accounting Tools

OCTOBER 28, 2023

Profit Issues The ratio ignores whether a company is generating a profit , concentrating instead on the generation of sales. Cash Flow Issues The ratio ignores whether a company is generated any cash flow. The result is high capital turnover, but at an increased risk level.

Financial Statements 40

Financial Statements 40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Enterprise Risk Management Treasurer's Guidebook Working Capital Management What are the Functions of a Corporate Treasury? Types of Treasury Functions In order to accomplish its mission, the treasury department must engage in the following activities: Cash forecasting. Cash concentration.

Budgeting 40

Budgeting Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

SEPTEMBER 22, 2023

This concentrates attention on the highest-cost assets. Step 2: Determine Impairment Level The fixed asset accountant calculates the undiscounted cash flows expected from each of the selected fixed assets, and lists these amounts in the fixed asset register next to the selected items.

General Ledger 40

General Ledger Auditing Accounting Accounting 40

Accounting Tools

JUNE 12, 2023

Internal Controls Testing This step involves the assessment of the effectiveness of an entity's suite of controls, concentrating on such areas as proper authorization, the safeguarding of assets, and the segregation of duties. Review bank reconciliations , count on-hand cash, confirm restrictions on bank balances, issue bank confirmations.

Financial Statements 76

Financial Statements Auditing General Ledger Bank Reconciliation 76

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook A bank account is a record maintained by a banking institution, in which it records an ongoing series of cash inflows and outflows on behalf of a customer. The bank account also shows the current balance of cash in the record as of any point in time.

Deposits 40

Deposits Accounting Accounting Tax 40

Accounting Tools

JUNE 14, 2023

These procedures are more heavily concentrated in areas where there are enhanced risks of misstatement. Are cash accounts being reconciled? Related Articles The Difference Between an Audit, a Review, and a Compilation The Difference Between Internal and External Audits Types of Audits Receivables.

Financial Statements 75

Financial Statements Auditing Accruals Financial Reporting 75

Accounting Tools

AUGUST 31, 2023

Related Courses The Statement of Cash Flows Working Capital Management What is Cash Flow? Cash flow is the net amount of cash that an entity receives and disburses during a period of time. The time period over which cash flow is tracked is usually a standard reporting period, such as a month, quarter, or year.

Accruals 75

Accruals Financial Statements Accounts Payable Accounts Payable 75

Accounting Tools

DECEMBER 19, 2023

Note any uninsured cash balances. Note the carrying amount of any financial instruments that are used as collateral for borrowings, and concentrations of credit risk. Disclose the amount of fair value measurements, the reasons for the fair value election (if applicable), and various reconciliations. Receivables. Investments.

Financial Statements 40

Financial Statements Reconciling Auditing Accounting 40

Accounting Tools

JULY 10, 2023

Related Courses Corporate Cash Management Corporate Finance Working Capital Management What is Cash Management? The key aspects of cash management are noted below. The key aspects of cash management are noted below. Responsibility for Cash Management Cash management is typically assigned to the treasury department.

Payroll 40

Payroll Accounts Payable Accounts Payable Corporate Finance 40

Accounting Tools

SEPTEMBER 10, 2023

Yet another possibility for improving your profit margin is to concentrate on maximizing the utilization of the company’s bottleneck operation. Profit Margin vs. Cash Flow Profit margin is revenues minus expenses, which is an accounting concept that does not necessarily relate to the amount of cash generated by a business.

Financial Analysis 40

Financial Analysis Tax Financial Statements Auditing 40

Future Firm

MARCH 14, 2023

If you’re curious how much your firm is worth and how to increase your firm’s valuation, you’ll want to read this article on how to value a CPA firm. 2) A Multiple of Net Cash Flow Multiple net cash flow is a financial metric used to value a company by multiplying its net cash flow by a factor representing its market value.

CPA 52

CPA Accounts Receivable Accounts Receivable Account Receivables 52

Invoicera

FEBRUARY 12, 2024

This article will determine if a price hike is warranted and what the best practices are for raising rates successfully. This article guides when and how companies should consider raising their prices. Calculate how much price increase you need to cover the higher costs and maintain positive cash flow. Did You Know?

Invoicing 52

Invoicing Billing Budgeting Customer Service 52

Nanonets

MAY 3, 2023

All this means that finance professionals can concentrate on the higher-level decisions and on the most important thing of all: client relationships and customer experience. This has many niche challenges under it: credit ratings, loan applications, underwriting, stock buy and sell decisions, cash flow management, and more.

Data Entry 94

Data Entry Tax Computation Budgeting 94

Jetpack Workflow

JANUARY 23, 2024

Use SEO to Continually Attract New Clients Once an article starts ranking, it can keep bringing in clients for months or even years after you first post it. Vet potential acquisition targets based on factors like cash flow to owner, staff tenure, and service mix to determine if it’s a worthwhile venture and can help your firm grow.

Tax 59

Tax Accounting Accounting CPA 59

Accounting Tools

OCTOBER 9, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Concentration Banking? Concentration banking is the practice of shifting the funds in a set of bank accounts into an investment account, from which the funds can be more efficiently invested.

Accounting 40

Accounting Accounting 40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Cash Sweeping? A cash sweeping system (also known as physical pooling) is designed to move the cash in a company’s outlying bank accounts into a central concentration account, from which it can be more easily invested.

Deposits 40

Deposits Tax Accounting Accounting 40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is a Bank Overlay Structure? The bottom layer contains the in-country banks that are used to deal with local cash transactions, such as cash receipts from locally-generated invoices to customers.

Reconciling 40

Reconciling Invoicing Accounting Accounting 40

Accounting Tools

NOVEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer’s Guidebook What is a Bank Overlay Structure? The lower layer is comprised of all in-country banks that are used for local cash transaction requirements. Related Articles Cash Sweeping Concentration Account Concentration Banking Cross-Border Cash Pool Physical Sweeping

Reconciling 40

Reconciling Accounting Accounting 40

Accounting Tools

JANUARY 2, 2024

A zero balance account (ZBA) is part of a cash pooling system. Further, if a subsidiary account has a debit (overdrawn) balance, cash is automatically shifted from the central account back to the subsidiary account in an amount sufficient to bring the account balance back to zero. What is a Zero Balance Account?

Deposits 40

Deposits Accounting Accounting 40

Accounting Tools

AUGUST 26, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Cash Concentration? Cash concentration is the aggregation of the cash in multiple bank accounts into a single master account. Related Articles Cash Sweeping Concentration Account Concentration Banking Physical Sweeping Sweep Account

Accounting 40

Accounting Accounting 40

Accounting Tools

FEBRUARY 5, 2024

What is a Cross-Border Cash Pool? A cash pool is a cluster of subsidiary bank accounts and a concentration account into which funds flow from the subsidiary accounts. The centralized funds can then be used for investment purposes, or to offset negative balances in subsidiary bank accounts.

Accounting 40

Accounting Accounting 40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Notional Pooling? Notional pooling is a cash concentration system that allows cash to remain under local control, but which is recorded at the bank as though the cash has been centralized. Recognition of interest income and expense.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

SEPTEMBER 11, 2023

It is customary for investors to concentrate their attention on the net amount of total equity, rather than this single element of equity. There are other possible transactions involving increases in contributed capital, of which the following are the most common: Receive cash for stock.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Auditing 40

Accounting Tools

AUGUST 28, 2023

In this article, we focus in particular on the filing requirements and antitrust analyses mandated by the Hart-Scott-Rodino Act, which applies to many acquisitions in the United States. In essence, the HHI is the sum of the squares of the market shares of each company in an industry.

Accounting 40

Accounting Accounting 40

Gaviti

OCTOBER 30, 2023

In this article, we explore the advantages of autonomous finance, especially as it relates to accounts receivable, and at what point your company should consider employing them, so you can decide if it’s a worthwhile investment for your business. Transform the A/R team into a revenue-generating center.

Collections 75

Collections Invoicing Bank Reconciliation Account Reconciliation 75

Accounting Tools

OCTOBER 28, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Notional Pooling? For tax management reasons, it may be useful for the corporate parent to charge the subsidiaries participating in the pool for some cash concentration administration expenses related to management of the pool.

Bank Reconciliation 40

Bank Reconciliation Tax Accounting Accounting 40

Accounting Tools

JULY 9, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Global ACH? Related Articles Bank Overlay Structure Concentration Banking Cross-Border Cash Pool How to Improve Working Capital Remote Disbursement Single Currency Center Model

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40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Payables Management What is Foreign Currency Netting? Since each subsidiary may be operating its own cash concentration system, this means that cash must be physically shifted from one cash pool to another, which is inefficient.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Accounts Payable 40

CapActix

SEPTEMBER 6, 2023

This article covers the exact reasons why any business owner should  hire remote staff for managing diverse accounting and finance jobs. Regardless Besides that, you and your team can concentrate on other productive jobs. This, indeed, creates a win-win situation to improve productivity.

Accounting 59

Accounting Accounting CPA Bookkeeping 59

Nanonets

MARCH 20, 2023

  In this article, we look at the most popular accounts payable software and their features.   Automated accounts payable solutions will enable human employees to concentrate on higher-value tasks such as business development that contribute to enterprise value. What is accounts payable software?

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

FEBRUARY 9, 2022

Leveraging data to control cash flow There’s a common myth in real estate AP departments: Doing things manually gives greater transparency. Real estate firms are leveraging the newfound data it provides to better control their cash flow. Continued reimaginging of real estate space According to an article in the New York Times , 18.7

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Future Firm

AUGUST 22, 2022

Pricing If you’re interested in management software for accounting firms, it’s hard to ignore cost and the impact on your cash flow, which is why we’ll take a look at this as well. The monthly price per user is reasonable on your cash flow. While this category is subjective, I’ll provide my opinions below. They offer a free trial.

Accounting 105

Accounting Accounting QuickBooks Accounting Software 105